DTS

VPG Reports Fiscal 2024 First Quarter Results

Retrieved on: 
Tuesday, May 7, 2024

MALVERN, Pa., May 07, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, today announced its results for its 2024 first fiscal quarter ended March 30, 2024.

Key Points: 
  • MALVERN, Pa., May 07, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, today announced its results for its 2024 first fiscal quarter ended March 30, 2024.
  • First Fiscal Quarter Financial Trends:
    The Company's first fiscal quarter 2024 net earnings attributable to VPG stockholders were $5.9 million, or $0.44 per diluted share, compared to $7.0 million, or $0.51 per diluted share, in the three fiscal months ended April 1, 2023.
  • The Sensors segment revenue of $29.4 million in the first fiscal quarter of 2024 decreased 19.9% from $36.7 million in the first fiscal quarter of 2023, and decreased 14.1% compared to $34.3 million in the fourth fiscal quarter of 2023.
  • Gross profit margin for the Weighing Solutions segment was 39.1% for the first fiscal quarter of 2024, which increased compared to 34.9% in the first fiscal quarter of 2023, and increased compared to 35.6% in the fourth fiscal quarter of 2023.

Rubric Capital Management Sends Letter to Xperi Inc. Stockholders Highlighting Superior Qualifications and Skills of its Director Nominees, Thomas A. Lacey and Deborah S. Conrad

Retrieved on: 
Wednesday, May 8, 2024

For far too long, Xperi stockholders have suffered at the hands of the current Board of Directors (the “Board”).

Key Points: 
  • For far too long, Xperi stockholders have suffered at the hands of the current Board of Directors (the “Board”).
  • Do not be fooled by Xperi’s recent attempts to present a falsified version of its share performance and dilution to stockholders.
  • We urge you to replace David Habiger and Darcy Antonellis as Xperi directors with Rubric’s nominees, Thomas A. Lacey and Deborah S. Conrad, by voting the WHITE proxy card TODAY.
  • Vote the WHITE proxy card today FOR the election of Thomas A. Lacey and Deborah S. Conrad to the Xperi Board.

Xperi Director Who Served with Dissident Nominee Tom Lacey Encourages Xperi Stockholders to Vote for All of the Board’s Candidates at the 2024 Annual Meeting

Retrieved on: 
Monday, May 6, 2024

Mr. Seams served on the board of one of Xperi’s predecessors while one of Rubric’s nominees, Thomas Lacey, was CEO of that predecessor company.

Key Points: 
  • Mr. Seams served on the board of one of Xperi’s predecessors while one of Rubric’s nominees, Thomas Lacey, was CEO of that predecessor company.
  • The full text of the letter follows:
    I am a member of the Board of Directors of Xperi Inc. (“Xperi” or the “Company”).
  • The election of Rubric’s substitute candidates (one of whom, Tom Lacey, I know reasonably well) would be a mistake.
  • Tom Lacey was appointed as a director of Tessera soon thereafter and I worked alongside him for about four years while he became CEO and led the company.

Freddie Mac Accepts IRS Form 8821 for Tax Transcripts, Enhancing Loan Product Advisor using Halcyon's pioneering solutions

Retrieved on: 
Wednesday, May 1, 2024

RED BANK, N.J., May 1, 2024 /PRNewswire/ -- In a strategic update to its Selling Guide, Freddie Mac announces the adoption of IRS Form 8821 as an alternative for obtaining tax transcript for income verification, embracing the pioneering solutions offered by Halcyon.

Key Points: 
  • RED BANK, N.J., May 1, 2024 /PRNewswire/ -- In a strategic update to its Selling Guide, Freddie Mac announces the adoption of IRS Form 8821 as an alternative for obtaining tax transcript for income verification, embracing the pioneering solutions offered by Halcyon.
  • "Based on Seller feedback, we have updated automated income assessment with Loan Product Advisor using tax data, which is part of asset and income modeler, to clarify that Internal Revenue Service (IRS) Form 8821 is an acceptable alternate form in lieu of IRS Form 4506-C.
  • By naming IRS Form 8821 specifically as an acceptable method to obtain tax transcript information for Freddie Mac's Asset and Income Modeler (AIM), both entities underscore their commitment to delivering innovative, affordable mortgage lending solutions.
  • "Our collaboration with Freddie Mac to integrate IRS Form 8821 marks a significant advancement that highlights our dedication to providing accessible, cost-effective solutions in the housing finance sector," says Kirk Donaldson, CEO of Halcyon.

Philips Gaming Brand, EVNIA, Debuts 49-inch QD OLED Curved Gaming Monitor

Retrieved on: 
Wednesday, May 1, 2024

LOS ANGELES, May 1, 2024 /PRNewswire-PRWeb/ -- TPV USA, the brand license partner for Philips monitors is launching its flagship model to the EVNIA Gaming lineup with Philips Evnia 49M2C8900 49'' QD OLED Curved Gaming Monitor, setting a new standard for gaming monitors with its innovative technology and immersive features. Dedicated to bringing the joy of gaming to all players, from casual enthusiasts to hardcore pros, the Philips Evnia 49M2C8900 redefines what it means to game.

Key Points: 
  • LOS ANGELES, May 1, 2024 /PRNewswire-PRWeb/ -- TPV USA, the brand license partner for Philips monitors is launching its flagship model to the EVNIA Gaming lineup with Philips Evnia 49M2C8900 49'' QD OLED Curved Gaming Monitor , setting a new standard for gaming monitors with its innovative technology and immersive features.
  • The Philips Evnia 49M2C8900 brings a new level of immersion and innovation to gaming, providing a captivating experience for gamers of all levels.
  • "The Philips Evnia 49M2C8900 brings a new level of immersion and innovation to gaming, providing a captivating experience for gamers of all levels.
  • Philips' Evnia 49M2C8900 QD OLED Curved Gaming Monitor is available now on Amazon at 1,499.99 USD.

VIZIO Unveils Full Suite of New Dolby Atmos Soundbars

Retrieved on: 
Wednesday, May 1, 2024

Customers can begin seeing select 2024 VIZIO soundbars online beginning May 13, with additional models to come through this fall.

Key Points: 
  • Customers can begin seeing select 2024 VIZIO soundbars online beginning May 13, with additional models to come through this fall.
  • Along with its technical enhancements, the 2024 VIZIO Soundbar lineup is crafted to meet the design aesthetic of any home.
  • With the all-new, QuickFit-ready VIZIO 86” 4K TV now available in retail stores nationwide, customers can experience the latest in VIZIO TVs and soundbars today from the comfort of their home.
  • For more information on VIZIO’s lineup of soundbars and to check which VIZIO TVs are compatible with the all-new QuickFit solution, please visit VIZIO.com .

Xperi Mails Definitive Proxy Statement and Issues Letter to Stockholders Highlighting the Company’s Transformation, Strategy and Business Progress

Retrieved on: 
Wednesday, April 17, 2024

Stockholders as of the close of business on March 28, 2024 will be entitled to vote at this meeting.

Key Points: 
  • Stockholders as of the close of business on March 28, 2024 will be entitled to vote at this meeting.
  • The Xperi Board of Directors (the “Board”) encourages all stockholders to vote “FOR” all five of Xperi’s nominees on the BLUE proxy card.
  • We encourage you to review these materials carefully and vote today using the instructions on the enclosed BLUE proxy card.
  • So, in 2022, Xperi – the product business – was spun off from the IP licensing business as a new, independent company.

Xperi Releases Top 100 Most Listened-To Songs In-Vehicle in the US and Globally for 2023 and Q1 2024

Retrieved on: 
Friday, April 12, 2024

“And, because we can track radio plays for songs across all our global radio station partners, we’re able to analyze specific scenarios and trends.

Key Points: 
  • “And, because we can track radio plays for songs across all our global radio station partners, we’re able to analyze specific scenarios and trends.
  • Combs’ cover received some early spins on radio in March 2023 and officially dropped in April 2023.
  • During that climb, it experienced the kind of ups and downs expected as the audience connected with the new cut.
  • View the full list of 2023’s Top 100 Most Listened-to Songs In-Vehicle in the U.S. and Globally here .

Cinema Is Coming Home: Sony Electronics Introduces its Brightest and Best Sounding BRAVIA® TVs to Further Enrich the Authentic Cinematic Experience at Home

Retrieved on: 
Wednesday, April 17, 2024

SAN DIEGO, April 17, 2024 /PRNewswire/ -- Sony Electronics Inc. today announced its 2024 BRAVIA TV lineup and the redefining of BRAVIA as a brand that provides the ultimate home cinema experience. As part of the new BRAVIA line-up, Sony will release four new TV models, with BRAVIA 9 as the flagship capable of extraordinary peak brightness, deep blacks, and expanded contrast. The new lineup also includes the BRAVIA 9 Flagship Mini LED, BRAVIA 8 OLED, BRAVIA 7 Mini LED, and BRAVIA 3 LED with select models being available for pre-order now in the U.S. and available soon in Canada. In addition, Sony announced today the BRAVIA Theater home audio product lineup made for seamless integration to experience the full audiovisual richness of any content at home.

Key Points: 
  • SAN DIEGO, April 17, 2024 /PRNewswire/ -- Sony Electronics Inc. today announced its 2024 BRAVIA TV lineup and the redefining of BRAVIA as a brand that provides the ultimate home cinema experience.
  • BRAVIA is designed to enhance the authenticity of cinematic content, delivering impressive picture and sound at home as the filmmakers intended.
  • "Sony has been operating at the heart of the film industry for decades and has unique positioning with their experience in film creation, professional production equipment, and distribution.
  • "We are excited to launch these new products and for consumers to have an upgraded cinematic experience in their homes."

Cinema is coming home: Sony Electronics introduces brand-new range of BRAVIA® Theater home audio products

Retrieved on: 
Wednesday, April 17, 2024

SAN DIEGO, April 17, 2024 /PRNewswire/ -- Sony Electronics Inc. today introduced a new line of home audio products under the new BRAVIA Theater name with the redefining of BRAVIA as a brand for watching movies to provide the ultimate home cinema experience. The new BRAVIA Theater line-up includes the BRAVIA Theater Bar 9 and BRAVIA Theater Bar 8 soundbars, BRAVIA Theater Quad surround system, and the BRAVIA Theater U neckband speaker. With BRAVIA Theater, users can experience exceptional acoustic performance and precise room filling audio to bring cinematic sound to their homes.

Key Points: 
  • The new BRAVIA Theater line-up includes the BRAVIA Theater Bar 9 and BRAVIA Theater Bar 8 soundbars, BRAVIA Theater Quad surround system, and the BRAVIA Theater U neckband speaker.
  • The matching features and design of BRAVIA TVs and BRAVIA Theater home audio products make it easier for consumers to choose their ideal combination of products to complete their home theater.
  • Key technologies and features of the BRAVIA Home Audio Products:
    The BRAVIA Theater Quad is Sony's flagship home theater surround sound system that brings movies to life.
  • Sony's new soundbars BRAVIA Theater Bar 9 with 13 total speakers and BRAVIA Theater Bar 8 with 11 total speakers, will transform any space into a movie theater.